ALLOCATED BENEFITS
Allocated Benefit is a kind of payment that originates from a defined-benefit retirement plan. Once the insurance company has received its premiums, the allocated benefits are then passed (allocated) on to the plan participants. Allocated benefits provide a guaranteed retirement income to the plan participants that have the insurance carrier (and the PBGC) as its ultimate back-up.
The term may also refer to the payment's highest amount for a given service itemized in a contract.
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S&P 500 Mini
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Rationalization
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Industry Bet
Strategy where investors or portfolio managers escalate or reduce holdings in an entire industry, rather than buying or selling individual stocks f ...
Risk Averse
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